What is the Difference Between Leasing and Buying?
When you lease a vehicle, you don't own it. Instead, you pay the dealership to be able to drive the vehicle for the duration of the leasing period (for example, a lease might last for 36 months or 10,000 miles per year). Even though you don't own the vehicle, you are free to drive it all over Spring, TX. When the lease ends, you can return the lease to the dealership, trade it for a new vehicle to lease, or buy it.
When you buy a vehicle, you take out an auto loan that enables you to pay the full price of the car right away. You then have to pay back the loan over time, with interest added. However, the car belongs to you! If you want to modify it so it will turn even more heads in Huntsville, TX, you can.
